Independent Research

Disruptive Ideas

Occasional papers with thought-provoking insights, challenging consensus views

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Policy Compass

Disruptive Ideas

Follow history in the making, with consistently updated views on global policy developments

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Monetary Affairs

Disruptive Ideas

Monetary Affairs

Our take on the actions and decisions of global central banks

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Travel Notes

Macro Picture

Monetary Affairs

Reports on our trips around the world. A deep dive into domestic and international affairs

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Market Views

Macro Picture

Market and asset allocation implications of our macroeconomic, geopolitical and policy views

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Macro Picture

Our assessment, via our heuristic approach, of major economic, political and financial events

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recent publications

Democracy Eroding Fast in South East Asia

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

by Mirko Giordani

8 April 2021

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GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

by Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi

1 April 2021

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Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

by Brunello Rosa and Karmen Meneses

19 March 2021

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Flash Review: Bank of England Stays Put in March

Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi
18 March 2021

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Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

by Brunello Rosa

17 March 2021

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february 2021 - march 2021

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

by Nouriel Roubini, Brunello Rosa

and Alessandro Magnoli Bocchi

15 March 2021

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Preview: Bank Of Japan To Remain Highly Accommodative After Its Strategy Review

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

by Brunello Rosa, Nouriel Roubini and

Fawaz Sulaiman Al Mughrabi

12 March 2021

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Flash Preview: Bank of England To Stay Put After Budget and New Remit

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

by Brunello Rosa and Karmen Meneses

12 March 2021

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ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

by Brunello Rosa

11 March 2021

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ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

by Brunello Rosa, Nouriel Roubini, Alessandro Magnoli Bocchi

5 March 2021

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China: Recovery Underway, As Global Liquidity Drives ‘Risk On’ Sentiment

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

by Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi and Karmen Meneses

4 March 2021

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Flash Review: RBA Ready To Increase QE to Combat Rising Yields

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

2 March 2021

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Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

26 February 2021

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European Banks: Are AMCs Coming to Deal With Looming Surge in NPLs?

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

by Brunello Rosa and Nouriel Roubini

25 February 2021

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Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

by Brunello Rosa and Karmen Meneses

24 February 2021

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Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

by Brunello Rosa and Karmen Meneses

19 February 2021

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“Inflation Perspiration:” The Heightened Risk of A Non-Transitory US Inflation

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

by Peter Cecchini and Brunello Rosa

17 February 2021

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january - february 2021

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist

Review – Bank of England Confirms Negative Policy Rates Are Feasible But Not Imminent

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

10 February 2021

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Flash Preview: Riksbank To Stage A “Dovish Hold” in February

Review – Bank of England Confirms Negative Policy Rates Are Feasible But Not Imminent

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist

by Brunello Rosa and Karmen Meneses

5 February 2021

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Review – Bank of England Confirms Negative Policy Rates Are Feasible But Not Imminent

Flash Preview: BoE To Remain on Hold and Signal That Negative Policy Rates Are Feasible, But Not Imm

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

4 February 2021

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Flash Preview: BoE To Remain on Hold and Signal That Negative Policy Rates Are Feasible, But Not Imm

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

1 February 2021

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Emerging Markets Outlook: Economic Recovery In H2-2021, Liquidity To Support Financial Markets

Flash Preview: BoE To Remain on Hold and Signal That Negative Policy Rates Are Feasible, But Not Imm

Emerging Markets Outlook: Economic Recovery In H2-2021, Liquidity To Support Financial Markets

by Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi

28 January 2021

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Flash Review: Federal Reserve Remains On Hold While Sounding Cautiously Upbeat

Flash Preview: BoE To Remain on Hold and Signal That Negative Policy Rates Are Feasible, But Not Imm

Emerging Markets Outlook: Economic Recovery In H2-2021, Liquidity To Support Financial Markets

by Brunello Rosa

27 January 2021

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Preview: FOMC Looking Through the Soft Patch

Flash Review – Bank Of Japan Stands Pat But Eyes the March Policy Review

by Nouriel Roubini and Alessandro Magnoli Bocchi

25 January 2021

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Flash Review – Bank Of Japan Stands Pat But Eyes the March Policy Review

by Brunello Rosa and Karmen Meneses

21 January 2021

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Flash Review: ECB Starts Focusing On “Favourable Financing Conditions”

Flash Review – Bank Of Japan Stands Pat But Eyes the March Policy Review

Flash Review: ECB Starts Focusing On “Favourable Financing Conditions”

by Brunello Rosa

21 January 2021

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Flash Review: BoC Remains on Hold With A Slightly Hawkish Undertone

Flash Review: ECB Starts Focusing On “Favourable Financing Conditions”

by Brunello Rosa

20 January 2021

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ECB Flash Preview: Assessing The Impact of December’s Stimulus

Flash Review: BoC Remains on Hold With A Slightly Hawkish Undertone

ECB Flash Preview: Assessing The Impact of December’s Stimulus

by Brunello Rosa

15 January 2021

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Flash Preview: BoJ To Stay Put Ahead of March Policy Review

Flash Review: BoC Remains on Hold With A Slightly Hawkish Undertone

ECB Flash Preview: Assessing The Impact of December’s Stimulus

by Brunello Rosa

15 January 2021

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december 2020 - january 2021

Flash Preview: Bank Of Canada To Wait and See In January

WORKING PAPER SERIES - An Absurd Government Crisis Takes Centre Stage In Italy

by Brunello Rosa

15 January 2021

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WORKING PAPER SERIES - An Absurd Government Crisis Takes Centre Stage In Italy

by Brunello Rosa

14 January 2021

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RCEP Shows Globalisation Is still Alive

WORKING PAPER SERIES - An Absurd Government Crisis Takes Centre Stage In Italy

GLOBAL OUTLOOK AND STRATEGIC ASSET ALLOCATION FOR 2021: A Volatile Macroeconomic And Geopolitical Ye

by Mirko Giordani

13 January 2021

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GLOBAL OUTLOOK AND STRATEGIC ASSET ALLOCATION FOR 2021: A Volatile Macroeconomic And Geopolitical Ye

by Nouriel Roubini, Brunello Rosa and Alessandro Magnoli Bocchi

23 December 2020

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Flash Review: Bank of Japan Extends Its Credit Easing Facilities and Launches A Policy Review

GLOBAL OUTLOOK AND STRATEGIC ASSET ALLOCATION FOR 2021: A Volatile Macroeconomic And Geopolitical Ye

Flash Review: Bank of Japan Extends Its Credit Easing Facilities and Launches A Policy Review

By Brunello Rosa

18 December 2020

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Flash Reviews: BOE, Norges Bank and SNB on Hold, With Different Twists

GLOBAL OUTLOOK AND STRATEGIC ASSET ALLOCATION FOR 2021: A Volatile Macroeconomic And Geopolitical Ye

Flash Review: Bank of Japan Extends Its Credit Easing Facilities and Launches A Policy Review

by Brunello Rosa, Fawaz Al Mughrabi and Karmen Meneses

17 December 2020

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Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases

Flash Preview: Fed to Stay Mostly On Hold While Ready for Additional Steps on QE

Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases

by Brunello Rosa

16 December 2020

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EU Agreements Mask Underlying Tensions

Flash Preview: Fed to Stay Mostly On Hold While Ready for Additional Steps on QE

Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases

By Grégoire Roos

15 December 2020

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Flash Preview: Fed to Stay Mostly On Hold While Ready for Additional Steps on QE

Flash Previews: BOJ, BOE and Norges Bank To Stay Put In December, But With An Easing Bias

by Nouriel Roubini and Fawaz Al Mughrabi

14 December 2020

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Flash Previews: BOJ, BOE and Norges Bank To Stay Put In December, But With An Easing Bias

by Brunello Rosa, Fawaz Al Mughrabi and Karmen Meneses

11 December 2020

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ECB Extends and Expands Its Easing Programs, But Underwhelms The Market

Flash Previews: BOJ, BOE and Norges Bank To Stay Put In December, But With An Easing Bias

ECB Extends and Expands Its Easing Programs, But Underwhelms The Market

by Brunello Rosa

10 December 2020

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Flash Review: Bank of Canada Stands Pat in December

Flash Previews: BOJ, BOE and Norges Bank To Stay Put In December, But With An Easing Bias

ECB Extends and Expands Its Easing Programs, But Underwhelms The Market

by Brunello Rosa and Karmen Meneses

9 December 2020

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november - december 2020

Preview: ECB To Launch Comprehensive Stimulus Package

MARKET REVIEW AND OUTLOOK: Fiscal And Monetary Policies To Support Market Performance

Preview: ECB To Launch Comprehensive Stimulus Package

by Brunello Rosa, Nouriel Roubini and Fawaz Sulaiman Al Mughrabi

4 December 2020

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Flash Preview: Bank Of Canada To Stay Put in December

MARKET REVIEW AND OUTLOOK: Fiscal And Monetary Policies To Support Market Performance

Preview: ECB To Launch Comprehensive Stimulus Package

by Brunello Rosa and Karmen Meneses

4 December 2020

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MARKET REVIEW AND OUTLOOK: Fiscal And Monetary Policies To Support Market Performance

by Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi

2 December 2020

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Flash Review: RBA Remains on Hold In December, But Ready To Do More If Needed

China’s BRI to the Test of South-East Asia Developments and Biden’s Presidency

MARKET REVIEW AND OUTLOOK: Fiscal And Monetary Policies To Support Market Performance

by Brunello Rosa and Karmen Meneses

1 December 2020

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China’s BRI to the Test of South-East Asia Developments and Biden’s Presidency

by Mirko Giordani

30 November 2020

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Flash Preview: RBA To take a Breather In December

China’s BRI to the Test of South-East Asia Developments and Biden’s Presidency

by Brunello Rosa and Karmen Meneses

27 November 2020

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Flash Review: The Riksbank Expands And Extends QE

MARKET VIEWS: Is There HOPE for US Commercial Real Estate?

by Brunello Rosa and Fawaz Al Mughrabi

26 November 2020

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MARKET VIEWS: Is There HOPE for US Commercial Real Estate?

by Peter Cecchini

25 November 2020

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Flash Preview: Riksbank Likely To Expand QE In November

MARKET VIEWS: Is There HOPE for US Commercial Real Estate?

BREXIT ENDGAME: Given Covid and Biden’s Election, UK and EU to Eventually Land on a Skinny FTA

by Brunello Rosa and Karmen Meneses

20 November 2020

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BREXIT ENDGAME: Given Covid and Biden’s Election, UK and EU to Eventually Land on a Skinny FTA

by Brunello Rosa and Nouriel Roubini

16 November 2020

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Flash Review: RBNZ Provides More Stimulus With A Funding For Lending Program

BREXIT ENDGAME: Given Covid and Biden’s Election, UK and EU to Eventually Land on a Skinny FTA

Flash Preview: RBNZ Set To Introduce A Funding For Lending Programme In November

by Brunello Rosa and Karmen Meneses

11 November 2020

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Flash Preview: RBNZ Set To Introduce A Funding For Lending Programme In November

BREXIT ENDGAME: Given Covid and Biden’s Election, UK and EU to Eventually Land on a Skinny FTA

Flash Preview: RBNZ Set To Introduce A Funding For Lending Programme In November

by Brunello Rosa and Karmen Meneses

6 November 2020

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october - november 2020

Flash Review: Fed Remains On Hold And Prepared To Add Stimulus If Needed

Bank of England Expands QE When The Chancellor Announces New Fiscal Stimulus

by Brunello Rosa

5 November 2020

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Bank of England Expands QE When The Chancellor Announces New Fiscal Stimulus

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

5 November 2020

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Uncertainty At Its Highest, As The EU Enters The Second Covid Wave

Bank of England Expands QE When The Chancellor Announces New Fiscal Stimulus

Review: RBA Delivers A Large and Comprehensive Stimulus Package And Is Prepared to Do More

by Brunello Rosa and Grégoire Roos

3 November 2020

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Review: RBA Delivers A Large and Comprehensive Stimulus Package And Is Prepared to Do More

by Brunello Rosa and Karmen Meneses

3 November 2020

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Flash Preview: Federal Reserve's FOMC On Hold For Now

Review: RBA Delivers A Large and Comprehensive Stimulus Package And Is Prepared to Do More

Flash Preview: Bank Of England To Increase The Size Of QE In November

by Brunello Rosa, Nouriel Roubini and Karmen Meneses

2 November 2020

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Flash Preview: Bank Of England To Increase The Size Of QE In November

Review: RBA Delivers A Large and Comprehensive Stimulus Package And Is Prepared to Do More

Flash Preview: Bank Of England To Increase The Size Of QE In November

by Brunello Rosa and Karmen Meneses

30 October 2020

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Flash Preview: RBA To Deploy A Comprehensive Stimulus Package

Flash Review: BOJ Stands Ready To Ease More if Needed, But Is Not In The Rush To Act

Flash Review: ECB To “Recalibrate” All Its Instruments In December

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

30 October 2020

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Flash Review: ECB To “Recalibrate” All Its Instruments In December

Flash Review: BOJ Stands Ready To Ease More if Needed, But Is Not In The Rush To Act

Flash Review: ECB To “Recalibrate” All Its Instruments In December

by Brunello Rosa and Nouriel Roubini

29 October 2020

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Flash Review: BOJ Stands Ready To Ease More if Needed, But Is Not In The Rush To Act

Flash Review: BOC Specifies Its Forward Guidance and Recalibrates QE To Focus On Longer-Term Bonds

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

29 October 2020

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Flash Review: BOC Specifies Its Forward Guidance and Recalibrates QE To Focus On Longer-Term Bonds

by Brunello Rosa

28 October 2020

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Flash Preview - Bank of Canada To Remain On Hold But Highly Accommodative

Flash Review: BOC Specifies Its Forward Guidance and Recalibrates QE To Focus On Longer-Term Bonds

Flash Preview: BOJ Likely To Remain On Hold While Reiterating Its Readiness To Ease More If Needed

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

23 October 2020

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Flash Preview: BOJ Likely To Remain On Hold While Reiterating Its Readiness To Ease More If Needed

Flash Review: BOC Specifies Its Forward Guidance and Recalibrates QE To Focus On Longer-Term Bonds

Flash Preview: BOJ Likely To Remain On Hold While Reiterating Its Readiness To Ease More If Needed

by Nouriel Roubini Karmen Meneses

23 October 2020

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september - november 2020

ECB Preview: ECB To Mull Further PEPP Extension and Expansion

2020-21: Oil Prices To Remain Subdued, As COVID-19 Keeps Hampering Global Growth

by Brunello Rosa, Nouriel Roubini and Karmen Meneses

23 October 2020

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2020-21: Oil Prices To Remain Subdued, As COVID-19 Keeps Hampering Global Growth

by Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi and Karmen Meneses

22 October 2020

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EU's Technological Symphony N. 8, “The Unfinished”

2020-21: Oil Prices To Remain Subdued, As COVID-19 Keeps Hampering Global Growth

Flash Review – RBA Ratchets Up Its Rhetoric Ahead of More Easing, Likely In November

by Marco Lucchin

15 October 2020

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Flash Review – RBA Ratchets Up Its Rhetoric Ahead of More Easing, Likely In November

ASSET ALLOCATION: Volatility To Create Opportunities in Q4, While Investors Keep Focus On Long Term

Flash Review – RBA Ratchets Up Its Rhetoric Ahead of More Easing, Likely In November

by Brunello Rosa and Fawaz Al Mughrabi

6 October 2020

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Flash Preview: RBA To Remain On Hold In October, While Reiterating Its Further Easing Options

ASSET ALLOCATION: Volatility To Create Opportunities in Q4, While Investors Keep Focus On Long Term

by Brunello Rosa and Karmen Meneses

2 October 2020

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ASSET ALLOCATION: Volatility To Create Opportunities in Q4, While Investors Keep Focus On Long Term

by Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi

1 October 2020

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Flash Review: RBNZ Steps Up Preparations For More Easing (And What This Means For The BoE)

Flash Review: Riksbank Remains On Hold And Pledges The Policy Rate To Be At Zero In Coming Years

by Brunello Rosa

23 September 2020

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Flash Review: Riksbank Remains On Hold And Pledges The Policy Rate To Be At Zero In Coming Years

by Brunello Rosa and Karmen Meneses

22 September 2020

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A Brave New World: Why US Equity and Corporate Credit Markets are Overvalued and Overextended

Flash Review: Riksbank Remains On Hold And Pledges The Policy Rate To Be At Zero In Coming Years

A Brave New World: Why US Equity and Corporate Credit Markets are Overvalued and Overextended

by Peter Cecchini

18 September 2020

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Reviews: Fed, BoJ and BoE Leave Policy Stance Unchanged, But Add Important Twists To Language

A Brave New World: Why US Equity and Corporate Credit Markets are Overvalued and Overextended

by Brunello Rosa and Karmen Meneses

17 September 2020

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Flash Preview: US Federal Reserve Gradually Transitioning to a New Regime

Reviews: Fed, BoJ and BoE Leave Policy Stance Unchanged, But Add Important Twists To Language

Flash Preview: US Federal Reserve Gradually Transitioning to a New Regime

by Nouriel Roubini and Farah Aladsani

14 September 2020

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Italian Regional Elections and Referendum Pose a Threat to The Government

Reviews: Fed, BoJ and BoE Leave Policy Stance Unchanged, But Add Important Twists To Language

Flash Preview: US Federal Reserve Gradually Transitioning to a New Regime

by Brunello Rosa

14 September 2020

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august - september 2020

While Remaining on Hold, The BOE Is Likely To Mull Further Stimulus and The BOJ To Sound More Upbeat

by Brunello Rosa and Karmen Meneses

11 September 2020

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Flash Review: ECB Warns About Strong Euro, But Leaves Policy Stance Unchanged

While Remaining on Hold, The BOE Is Likely To Mull Further Stimulus and The BOJ To Sound More Upbeat

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

10 September 2020

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Flash Review: Bank of Canada Keeps The Tap of Monetary Easing Running

While Remaining on Hold, The BOE Is Likely To Mull Further Stimulus and The BOJ To Sound More Upbeat

Flash Preview – ECB To Remain Highly Accommodating In Response to the Fed’s Strategy Review

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

9 September 2020

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Flash Preview – ECB To Remain Highly Accommodating In Response to the Fed’s Strategy Review

Flash Review – RBA Boosts Credit Easing and Keeps The Door Open To More Monetary Accommodation

Flash Preview – ECB To Remain Highly Accommodating In Response to the Fed’s Strategy Review

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

4 September 2020

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Flash Preview – Bank of Canada To Remain on Hold, With A Dovish Twist In September

Flash Review – RBA Boosts Credit Easing and Keeps The Door Open To More Monetary Accommodation

by Brunello Rosa and Karmen Meneses

4 September 2020

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Flash Review – RBA Boosts Credit Easing and Keeps The Door Open To More Monetary Accommodation

by Brunello Rosa and Fawaz Al Mughrabi

1 September 2020

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Flash Preview: RBA To Mull (And Possibly Implement) A Response To The Fed’s Strategy Review

Fed’s Review: Implications For Fed’s Policies and for the Other G10 Central Banks’ Policy Targets

by Brunello Rosa and Carmen Meneses

28 August 2020

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Fed’s Review: Implications For Fed’s Policies and for the Other G10 Central Banks’ Policy Targets

by Brunello Rosa and Nouriel Roubini

28 August 2020

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Market Review & Outlook: Stagflation Risks And Stimuli To Continue Support Investor Confidence

Fed’s Review: Implications For Fed’s Policies and for the Other G10 Central Banks’ Policy Targets

Market Review & Outlook: Stagflation Risks And Stimuli To Continue Support Investor Confidence

by Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi, Farah Aladsani

26 August 2020

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Flash Review: Norges Bank Remains On Hold, And Cautiously Optimistic

Fed’s QE Infinity Suppresses Rates Volatility, But May Not Revitalise The Economy And Inflation

Market Review & Outlook: Stagflation Risks And Stimuli To Continue Support Investor Confidence

by Brunello Rosa and Fawaz Al Mughrabi

20 August 2020

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Fed’s QE Infinity Suppresses Rates Volatility, But May Not Revitalise The Economy And Inflation

by Peter Cecchini

18 August 2020

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Flash Preview: Norges Bank To Remain On Hold In August, With A Hawkish Undertone

Fed’s QE Infinity Suppresses Rates Volatility, But May Not Revitalise The Economy And Inflation

by Brunello Rosa and Fawaz Al Mughrabi

14 August 2020

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july - august 2020

Flash Review: RBNZ Increases The Size of QE and Signals Further Easing Ahead

The Post-Covid Recovery Deal: Not A “Hamilton Moment” But Still A Turning Point In EU History

Flash Review: RBNZ Increases The Size of QE and Signals Further Easing Ahead

by Brunello Rosa and Farah Aladsani

12 August 2020

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Flash Review: BOE Remains On Holds and Discards Negative Rates (for Now)

The Post-Covid Recovery Deal: Not A “Hamilton Moment” But Still A Turning Point In EU History

Flash Review: RBNZ Increases The Size of QE and Signals Further Easing Ahead

by Brunello Rosa and Farah Aladsani

6 August 2020

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The Post-Covid Recovery Deal: Not A “Hamilton Moment” But Still A Turning Point In EU History

by Grégoire Roos

5 August 2020

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Flash Review: RBA Remains On Hold But Re-Starts QE, Given The New Lockdown

The Post-Covid Recovery Deal: Not A “Hamilton Moment” But Still A Turning Point In EU History

by Brunello Rosa and Fawaz Al Mughrabi

4 August 2020

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Flash Previews: BOE and RBA To Remain Cautiously On Hold In August

Flash Review: RBA Remains On Hold But Re-Starts QE, Given The New Lockdown

Fiscal Policy And Sentiment Support Toppish Equity and Credit Markets

by Brunello Rosa, Farah Aladsani and Fawaz Sulaiman Al Mughrabi

31 July 2020

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Fiscal Policy And Sentiment Support Toppish Equity and Credit Markets

Flash Review: RBA Remains On Hold But Re-Starts QE, Given The New Lockdown

Fiscal Policy And Sentiment Support Toppish Equity and Credit Markets

by Peter Cecchini

30 July 2020

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Flash Review: Federal Reserve Stays Put And Links The Path of Economic Recovery To The Course Of Cov

by Brunello Rosa

29 July 2020

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Preview: FOMC on Hold While Concluding Its Strategic Review

Flash Review: Federal Reserve Stays Put And Links The Path of Economic Recovery To The Course Of Cov

by Nouriel Roubini and Farah Aladsani

27 July 2020

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The Future Of Banking: Consolidated, Local and Digital

Flash Review: Federal Reserve Stays Put And Links The Path of Economic Recovery To The Course Of Cov

National Developments in the Pandemic’s Boost in Global Cyber-Wars (Part 2)

by Alessandro Magnoli Bocchi, Farah Aladsani and Fawaz Sulaiman Al Mughrabi

24 July 2020

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National Developments in the Pandemic’s Boost in Global Cyber-Wars (Part 2)

by Marco Lucchin

21 July 2020

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Flash Reviews: ECB Takes Stock Of The Stimulus Provided Since March

National Developments in the Pandemic’s Boost in Global Cyber-Wars (Part 2)

Flash Reviews: ECB Takes Stock Of The Stimulus Provided Since March

by Brunello Rosa and Farah Aladsani

16 July 2020

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Flash Review: BOC Remains On Hold But Introduces Forward Guidance

National Developments in the Pandemic’s Boost in Global Cyber-Wars (Part 2)

Flash Reviews: ECB Takes Stock Of The Stimulus Provided Since March

by Brunello Rosa

15 July 2020

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june-july 2020

Flash Review: BOJ Remains On Hold But Ready to Act

Flash Previews: ECB, BOJ and BOC to Remain on Hold but Alert in July

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

15 July 2020

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Flash Previews: ECB, BOJ and BOC to Remain on Hold but Alert in July

By Brunello Rosa, Farah Aladsani, Fawaz Sulaiman Al Mughrabi and Karmen Meneses

10 July 2020

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How The Global Pandemic Is Boosting Global Cyber-Wars (Part 1)

Flash Previews: ECB, BOJ and BOC to Remain on Hold but Alert in July

How The Global Pandemic Is Boosting Global Cyber-Wars (Part 1)

by Marco Lucchin

9 July 2020

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An Aura of Treasure: Gold as a Store of Dollar Value

Flash Review: RBA Remains On Hold, But Is Wary Of Uncertainty Ahead

How The Global Pandemic Is Boosting Global Cyber-Wars (Part 1)

by Peter Cecchini

8 July 2020

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Flash Review: RBA Remains On Hold, But Is Wary Of Uncertainty Ahead

by Brunello Rosa and Farah Aladsani

7 July 2020

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Flash Preview – Reserve Bank of Australia to Stay On Course In July

Flash Review: RBA Remains On Hold, But Is Wary Of Uncertainty Ahead

by Brunello Rosa and Farah Aladsani

3 July 2020

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The Deal On the EU “Recovery Fund” Will Have Large National Repercussions

Outlook Update - PART 5: Ride the Liquidity Wave with Caution, as Risks Are Tilted to the Downside

The Deal On the EU “Recovery Fund” Will Have Large National Repercussions

By Grégoire Roos and Brunello Rosa

2 July 2020

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Flash Review – The Riksbank Increases Its Monetary Stimulus in July

Outlook Update - PART 5: Ride the Liquidity Wave with Caution, as Risks Are Tilted to the Downside

The Deal On the EU “Recovery Fund” Will Have Large National Repercussions

by Brunello Rosa, Farah Aladsani and Karmen Meneses

1 July 2020

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Outlook Update - PART 5: Ride the Liquidity Wave with Caution, as Risks Are Tilted to the Downside

By Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi, Farah Aladsani

1 July 2020

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Flash Preview – Riksbank To Weigh QE Expansion In July

“Something’s Gotta Give” : US Risk-Asset Valuations Are Misaligned with Reality

Outlook Update - PART 5: Ride the Liquidity Wave with Caution, as Risks Are Tilted to the Downside

by Brunello Rosa and Karmen Meneses

26 June 2020

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Where Helicopters Dare

“Something’s Gotta Give” : US Risk-Asset Valuations Are Misaligned with Reality

By Brunello Rosa and Nouriel Roubini

25 June 2020

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“Something’s Gotta Give” : US Risk-Asset Valuations Are Misaligned with Reality

By Peter Cecchini

24 June 2020

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June 2020

Flash Review: RBNZ Remains On Hold and Is Ready To Provide Further Signals In August

Flash Reviews: BOE Increases The Size Of QE, While SNB Could Scale Up FX Intervention if Needed

Flash Review: RBNZ Remains On Hold and Is Ready To Provide Further Signals In August

By Brunello Rosa and Farah Aladsani

24 June 2020

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Flash Preview: RBNZ To Take Stock Of Previous Easing In June

Flash Reviews: BOE Increases The Size Of QE, While SNB Could Scale Up FX Intervention if Needed

Flash Review: RBNZ Remains On Hold and Is Ready To Provide Further Signals In August

By Brunello Rosa and Karmen Meneses

19 June 2020

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Flash Reviews: BOE Increases The Size Of QE, While SNB Could Scale Up FX Intervention if Needed

By Brunello Rosa, Farah Aladsani and Fawaz Sulaiman Al Mughrabi

18 June 2020

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Iran Shows Resilience to Pandemic, Lower Oil Prices and Sanctions as US Elections Approach

Flash Reviews: BOE Increases The Size Of QE, While SNB Could Scale Up FX Intervention if Needed

By Giorgio Cafiero

17 June 2020

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Flash Review: BOJ Expands Lending Programs And Is Ready to Do More

Iran Shows Resilience to Pandemic, Lower Oil Prices and Sanctions as US Elections Approach

Flash Previews: BOE Likely To Expand QE, While SNB and BOJ Remain On Hold

by Brunello Rosa and Karmen Meneses

16 June 2020

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Flash Previews: BOE Likely To Expand QE, While SNB and BOJ Remain On Hold

Iran Shows Resilience to Pandemic, Lower Oil Prices and Sanctions as US Elections Approach

Flash Previews: BOE Likely To Expand QE, While SNB and BOJ Remain On Hold

By Brunello Rosa, Farah Aladsani, Fawaz Sulaiman Al Mughrabi, Karmen Meneses and Luca Bandello

12 June 2020

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China and the US: The Art of War Versus the Art of the Deal

Flash Review: Fed To Keep Its Current Pace of QE, While Mulling YCC

By Peter Cecchini

11 June 2020

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Flash Review: Fed To Keep Its Current Pace of QE, While Mulling YCC

By Brunello Rosa

10 June 2020

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Geopolitical Tension Mounting In The Mediterranean Sea

Flash Review: Fed To Keep Its Current Pace of QE, While Mulling YCC

Flash Preview: FOMC To Stay on Hold While Mulling Next Steps of Unconventional Policies

By Marco Lucchin

9 June 2020

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Flash Preview: FOMC To Stay on Hold While Mulling Next Steps of Unconventional Policies

By Nouriel Roubini and Fawaz Sulaiman Al Mughrabi

08 June 2020

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Flash Review: ECB Considerably Expands and Extends PEPP

Flash Preview: FOMC To Stay on Hold While Mulling Next Steps of Unconventional Policies

Flash Review: BOC Remains On Hold And Scales Back Some Market Operations

By Brunello Rosa

04 June 2020

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Flash Review: BOC Remains On Hold And Scales Back Some Market Operations

Flash Preview: FOMC To Stay on Hold While Mulling Next Steps of Unconventional Policies

Flash Review: BOC Remains On Hold And Scales Back Some Market Operations

by Brunello Rosa and Luca Bandello

3 June 2020

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May - June 2020

Flash Reviews: RBA Remains On Hold As Downturn Might Prove Shallower Than Expecteds

Previews: Reserve Bank of Australia and Bank of Canada Likely To Take a Breather In June

Flash Reviews: RBA Remains On Hold As Downturn Might Prove Shallower Than Expecteds

By Brunello Rosa and Karmen Meneses

2 June 2020

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Flash Preview: ECB Set To Increase PEPP In June

Previews: Reserve Bank of Australia and Bank of Canada Likely To Take a Breather In June

Flash Reviews: RBA Remains On Hold As Downturn Might Prove Shallower Than Expecteds

By Nouriel Roubini, Brunello Rosa and Farah Aladsani

1 June 2020

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Previews: Reserve Bank of Australia and Bank of Canada Likely To Take a Breather In June

by Brunello Rosa, Fawaz Al Mughrabi

Karmen Meneses

29 May 2020

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China: Escalating Cold War With The US, Slow Post-Pandemic Recovery

Oil Outlook 20-21: Prices To Stabilize, With OPEC+ Deal Unlikely to Make Up For Fall in Global Deman

Previews: Reserve Bank of Australia and Bank of Canada Likely To Take a Breather In June

By Alessandro Magnoli Bocchi and Nouriel Roubini

28 May 2020

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Oil Outlook 20-21: Prices To Stabilize, With OPEC+ Deal Unlikely to Make Up For Fall in Global Deman

By Nouriel Roubini, Alessandro Magnoli Bocchi, Brunello Rosa, Marco Lucchin

15 May 2020

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Flash Review: ECB Eases Further Credit Conditions And Opens To Wider And Larger PEPP

Oil Outlook 20-21: Prices To Stabilize, With OPEC+ Deal Unlikely to Make Up For Fall in Global Deman

by Brunello Rosa

30 April 2020

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Flash Reviews: RBNZ Doubles QE and Eases Its OCR Forward Guidance

POLICY COMPASS - Between “Hamilton” and “Jefferson” Moment: The EU Response To Covid-19

By Brunello Rosa and Farah Aladsani

13 May 2020

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POLICY COMPASS - Between “Hamilton” and “Jefferson” Moment: The EU Response To Covid-19

By Brunello Rosa

12 May 2020

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Flash Preview: RBNZ to Provide More Accommodation In May

POLICY COMPASS - Between “Hamilton” and “Jefferson” Moment: The EU Response To Covid-19

Flash Reviews: Norges Bank Cuts Rates While BOE Remains On Hold In May

By Brunello Rosa and Farah Aladsani

8 May 2020

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Flash Reviews: Norges Bank Cuts Rates While BOE Remains On Hold In May

Previews: BOE, RBA And NB Likely To Keep Their Interest Rates Unchanged And Re-Assess Their Stance

Flash Reviews: Norges Bank Cuts Rates While BOE Remains On Hold In May

By Brunello Rosa, Fawaz Al Mughrabi and Karmen Meneses

7 May 2020

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Flash Review: RBA Faces Uncertainty But Scales Back Size And Frequency of Asset Purchases

Previews: BOE, RBA And NB Likely To Keep Their Interest Rates Unchanged And Re-Assess Their Stance

by Brunello Rosa and Farah Aladsani

5 May 2020

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Previews: BOE, RBA And NB Likely To Keep Their Interest Rates Unchanged And Re-Assess Their Stance

by Brunello Rosa, Fawaz Al Mughrabi, Farah Aladsani, Karmen Meneses

1 May 2020

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APRIL 2020

Flash Review: Fed Believes Current Stance is “Appropriate”, But It’s Ready To Do More

Flash Reviews: BOJ And Riksbank Remain Very Accommodative Facing An Uncertain Economic Outlook

by Brunello Rosa

29 April 2020

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Flash Reviews: BOJ And Riksbank Remain Very Accommodative Facing An Uncertain Economic Outlook

By Brunello Rosa and Fawaz Al Mughrabi

28 April 2020

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Flash Preview: ECB To Expand The Scope (And Possibly The Size) of PEPP in April

Flash Reviews: BOJ And Riksbank Remain Very Accommodative Facing An Uncertain Economic Outlook

Outlook Update - PART 4: Q2- ASSET ALLOCATION: Focus On The Long-Term, Find Opportunities in Crisis

By Brunello Rosa and Nouriel Roubini

28 April 2020

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Outlook Update - PART 4: Q2- ASSET ALLOCATION: Focus On The Long-Term, Find Opportunities in Crisis

By Alessandro Magnoli Bocchi, Nouriel Roubini, Fawaz Al Mughrabi, Farah Aladsani

27 April 2020

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Flash Preview: Fed To Maintain Its Very Easy Monetary and Credit Stance And Stand Ready To Do More

Outlook Update - PART 4: Q2- ASSET ALLOCATION: Focus On The Long-Term, Find Opportunities in Crisis

Flash Preview: Fed To Maintain Its Very Easy Monetary and Credit Stance And Stand Ready To Do More

By Nouriel Roubini and Brunello Rosa

27 April 2020

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Flash Preview: BoJ and Riksbank Remaining Alert To Covid-Crisis

Outlook Update - PART 4: Q2- ASSET ALLOCATION: Focus On The Long-Term, Find Opportunities in Crisis

Flash Preview: Fed To Maintain Its Very Easy Monetary and Credit Stance And Stand Ready To Do More

by Brunello Rosa, Nouriel Roubini, Fawaz Al Mughrabi, Karmen Meneses

24 April 2020

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EU Commission Bonds With Enhanced ESM Surveillance To Unblock The Impasse at EU Council

Flash Review: Dovish Bank of Canada Leaves Rates Unchanged and Unveils New Market Operations

EU Commission Bonds With Enhanced ESM Surveillance To Unblock The Impasse at EU Council

By Brunello Rosa and Nouriel Roubini

22 April 2020

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Is a U-Shaped “Greater Recession” Consistent With a V-Shaped Equity Market Recovery?

Flash Review: Dovish Bank of Canada Leaves Rates Unchanged and Unveils New Market Operations

EU Commission Bonds With Enhanced ESM Surveillance To Unblock The Impasse at EU Council

By Nouriel Roubini and Brunello Rosa

16 April 2020

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Flash Review: Dovish Bank of Canada Leaves Rates Unchanged and Unveils New Market Operations

Flash Preview: Bank of Canada To Remain Dovish After The Emergency Stimulus Provided in March

By Brunello Rosa

15 April 2020

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Flash Preview: Bank of Canada To Remain Dovish After The Emergency Stimulus Provided in March

By Brunello Rosa and Karmen Meneses

9 April 2020

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Ready to Fight: Russia’s Cyber and AI Strategies To Navigate The Covid-19 Crisis And Beyond

Flash Preview: Bank of Canada To Remain Dovish After The Emergency Stimulus Provided in March

Ready to Fight: Russia’s Cyber and AI Strategies To Navigate The Covid-19 Crisis And Beyond

by Marco Lucchin and Brunello Rosa

8 April 2020

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Flash Preview: After Beginning QE With YCC, RBA To Stay Put In April

Flash Preview: Bank of Canada To Remain Dovish After The Emergency Stimulus Provided in March

Ready to Fight: Russia’s Cyber and AI Strategies To Navigate The Covid-19 Crisis And Beyond

by Brunello Rosa and Farah Aladsani

6 April 2020

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MArch 2020

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

By Alessandro Magnoli Bocchi, Brunello Rosa and Nouriel Roubini

26 March 2020

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Outlook Update – PART 2: Fiscal and Monetary Policy Response To COVID-19

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

By Nouriel Roubini and Brunello Rosa

20 March 2020

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Flash ECB, BOE and SNB Reviews: Central Banks Step Up Their Monetary Stimulus

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

Flash ECB, BOE and SNB Reviews: Central Banks Step Up Their Monetary Stimulus

By Brunello Rosa and Karmen Meneses

19 March 2020

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COVID-19 Leads To A Global Recession With Severe Bear Market and Debt Crises

Flash Review: BOJ Leaves Rates Unchanged But Increases Private Sector Asset Purchases

Flash ECB, BOE and SNB Reviews: Central Banks Step Up Their Monetary Stimulus

By Nouriel Roubini, Alessandro Magnoli Bocchi and Brunello Rosa

17 March 2020

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Flash Review: BOJ Leaves Rates Unchanged But Increases Private Sector Asset Purchases

By Brunello Rosa

16 March 2020

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Flash Review: Fed and Other Central Bank Easing Doesn’t Stop Market Rout

Flash Review: BOJ Leaves Rates Unchanged But Increases Private Sector Asset Purchases

By Brunello Rosa

16 March 2020

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SNB Flash Preview: Markets Expect No Change, But SNB Will Likely Provide Monetary Stimulus

By Brunello Rosa

16 March 2020

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Flash Preview: BOJ To Follow Global Central Banks And Ease Its Policy Stance

SNB Flash Preview: Markets Expect No Change, But SNB Will Likely Provide Monetary Stimulus

By Brunello Rosa, Farah Aladsani and Nouriel Roubini

13 March 2020

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The UK Shows Initial Signs Of Policy Coordination Against Coronavirus

SNB Flash Preview: Markets Expect No Change, But SNB Will Likely Provide Monetary Stimulus

The UK Shows Initial Signs Of Policy Coordination Against Coronavirus

By Brunello Rosa

12 March 2020

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february - march 2020

Flash Review: ECB Delivers Initial Easing Package Amid Market Rout

BoC Follows The Fed (And Cuts Rates By 50bps) And Anticipates Other G10 Central Banks

Flash Review: ECB Delivers Initial Easing Package Amid Market Rout

by Brunello Rosa

12 March 2020

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ECB To Deliver An Easing Package To Counter COVID-19 Shock

BoC Follows The Fed (And Cuts Rates By 50bps) And Anticipates Other G10 Central Banks

Flash Review: ECB Delivers Initial Easing Package Amid Market Rout

By Brunello Rosa and Farah Aladsani

9 March 2020

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BoC Follows The Fed (And Cuts Rates By 50bps) And Anticipates Other G10 Central Banks

By Brunello Rosa

4 March 2020

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Flash Review: RBA Kicks Off The New Round Of Monetary Easing In G10

Flash Previews: BOC and RBA To Remain on Hold In March, While Sounding Dovish

BoC Follows The Fed (And Cuts Rates By 50bps) And Anticipates Other G10 Central Banks

By Brunello Rosa and Karmen Meneses

3 March 2020

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Flash Previews: BOC and RBA To Remain on Hold In March, While Sounding Dovish

By Brunello Rosa

28 February 2020

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Flash Review: RBNZ Remains Hawkish Despite Coronavirus Risk

Flash Previews: BOC and RBA To Remain on Hold In March, While Sounding Dovish

By Brunello Rosa and Farah Aladsani

12 February 202o

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COVID-19 Will Trigger a Massive Shock to the Global Economy and Markets

Thuringia-Gate Has Decisive Consequences For Both Germany And Europe As A Whole

By Nouriel Roubini and Brunello Rosa

25 February 2020

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Thuringia-Gate Has Decisive Consequences For Both Germany And Europe As A Whole

By John Hulsman and Brunello Rosa

25 February 2020

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Argentina: The Road Ahead For The Debt-Restructuring Negotiations

Thuringia-Gate Has Decisive Consequences For Both Germany And Europe As A Whole

TRAVEL NOTES: FRANCE - Macron Mixes Reforms And “Populist” Approach

By Nouriel Roubini and Alessandro Magnoli Bocchi

18 February 2020

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TRAVEL NOTES: FRANCE - Macron Mixes Reforms And “Populist” Approach

Flash Review: Riksbank On Hold, With A Dovish Twist In The Statement

TRAVEL NOTES: FRANCE - Macron Mixes Reforms And “Populist” Approach

By Brunello Rosa

14 February 2020

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Flash Review: Riksbank On Hold, With A Dovish Twist In The Statement

by Brunello Rosa and Karmen Meneses

12 February 2020

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Flash Preview: Riksbank on Hold, With An Eye On The Global Economy

Flash Review: Riksbank On Hold, With A Dovish Twist In The Statement

By Brunello Rosa and Nouriel Roubini

7 February 2020

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january - feburary 2020

Flash Preview: RBNZ to Deliver A “Dovish Hold”

Flash Review: A “Hawkish Hold” for RBA, But Rate Cuts Remain On The Table

By Brunello Rosa and Farah Aladsani

7 February 2020

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Flash Review: A “Hawkish Hold” for RBA, But Rate Cuts Remain On The Table

By Brunello Rosa and Fawaz Sulaiman Al Mughrabi

4 February 2020

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Flash Preview: RBA To Hold Off Providing Further Easing (For Now)

Flash Review: A “Hawkish Hold” for RBA, But Rate Cuts Remain On The Table

Bank of England Flash Review: “So Far Good Enough,” But A Rate Cut Remains On The Table

By Brunello Rosa and Karmen Meneses

31 January 2020

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Bank of England Flash Review: “So Far Good Enough,” But A Rate Cut Remains On The Table

By Brunello Rosa

30 January 2020

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Flash Review: Fed’s Policy Stance Remains “Appropriate,” With A Dovish Touch

Bank of England Flash Review: “So Far Good Enough,” But A Rate Cut Remains On The Table

Flash Review: Fed’s Policy Stance Remains “Appropriate,” With A Dovish Touch

By Brunello Rosa

29 January 2020

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Flash Preview: Fed to Remain on Hold in January

Bank of England Flash Review: “So Far Good Enough,” But A Rate Cut Remains On The Table

Flash Review: Fed’s Policy Stance Remains “Appropriate,” With A Dovish Touch

By Nouriel Roubini, Brunello Rosa and Alessandro Magnoli Bocchi

27 January 2020

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Flash Review: Regional Elections Give a Breather To The Italian Government

Flash Review: ECB Marginally Raises The (Negative) Balance of Risks And Launches Its Strategy Review

Flash Preview: BoE To Remain On Hold (But With The High Risk Of a Cut) In January

By Brunello Rosa

27 January 2020

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Flash Preview: BoE To Remain On Hold (But With The High Risk Of a Cut) In January

Flash Review: ECB Marginally Raises The (Negative) Balance of Risks And Launches Its Strategy Review

Flash Preview: BoE To Remain On Hold (But With The High Risk Of a Cut) In January

by Brunello Rosa, Nouriel Roubini and Alessandro Magnoli Bocchi

24 January 2020

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Flash Review: ECB Marginally Raises The (Negative) Balance of Risks And Launches Its Strategy Review

by Brunello Rosa

23 January 2020

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Flash Review: Norges Bank Remains On Hold But Sends First Timid Signals Of Reduced Hawkishness

Flash Review: ECB Marginally Raises The (Negative) Balance of Risks And Launches Its Strategy Review

By Brunello Rosa and Farah Aladsani

23 January 2020

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Flash Review: Bank of Canada Hints Again At Possible Easing Ahead

Flash Review: Norges Bank Remains On Hold But Sends First Timid Signals Of Reduced Hawkishness

Regional Elections To Send Shock Waves Through Italy’s Political System

By Brunello Rosa

22 January 2020

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Regional Elections To Send Shock Waves Through Italy’s Political System

Flash Review: Norges Bank Remains On Hold But Sends First Timid Signals Of Reduced Hawkishness

Regional Elections To Send Shock Waves Through Italy’s Political System

By Brunello Rosa

22 January 2020

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December 2019 - January 2020

Flash Review: BoJ Remains on Hold With An Easing Bias, While Revising Down Its Inflation Outlook

By Brunello Rosa and Farah Aladsani

21 January 2020

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Flash Preview: ECB On Hold As Downside Risks Modestly Fade, While Launching The Strategic Review

Flash Review: BoJ Remains on Hold With An Easing Bias, While Revising Down Its Inflation Outlook

By Brunello Rosa and Nouriel Roubini

20 January 2020

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Flash Preview: Bank of Japan To Keep Its Cool And Let Fiscal Policy Do The Heavy-Lifting

Flash Review: BoJ Remains on Hold With An Easing Bias, While Revising Down Its Inflation Outlook

Flash Preview: Norges Bank To Remain On Hold In January, While Keeping Its Modest Hiking Bias

By Nouriel Roubini and Brunello Rosa

17 January 2020

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Flash Preview: Norges Bank To Remain On Hold In January, While Keeping Its Modest Hiking Bias

By Brunello Rosa and Nouriel Roubini

17 January 2020

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Getting Ready For The Brexit “Adjustment”

Flash Preview: Norges Bank To Remain On Hold In January, While Keeping Its Modest Hiking Bias

Flash Preview: As The Economy Stabilises, Bank of Canada Remains on Hold

By Brunello Rosa and Nouriel Roubini

17 January 2020

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Flash Preview: As The Economy Stabilises, Bank of Canada Remains on Hold

Flash Preview: Norges Bank To Remain On Hold In January, While Keeping Its Modest Hiking Bias

Flash Preview: As The Economy Stabilises, Bank of Canada Remains on Hold

by Brunello Rosa and Farah Aladsani

17 January 2020

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Bank of England Moving Closer To Cutting Rates

Central Bank Reviews: BoJ, BoE and Norges Bank Stay On Hold In December And Signal Caution Ahead

US-Iran Scenario Analysis: Risk-off Ahead - An Update On The Conflict And Its Implications

By Brunello Rosa and Nouriel Roubini

16 January 2020

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US-Iran Scenario Analysis: Risk-off Ahead - An Update On The Conflict And Its Implications

Central Bank Reviews: BoJ, BoE and Norges Bank Stay On Hold In December And Signal Caution Ahead

US-Iran Scenario Analysis: Risk-off Ahead - An Update On The Conflict And Its Implications

By Nouriel Roubini and Giorgio Cafiero

8 January 2020

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Central Bank Reviews: BoJ, BoE and Norges Bank Stay On Hold In December And Signal Caution Ahead

by Brunello Rosa, Fawaz Al Mughrabi and Farah Aladsani

19 December 2019

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Flash Central Bank Review: Riksbank Brings The Repo Rate Back To Zero, And Signals A Long Pause

Central Bank Reviews: BoJ, BoE and Norges Bank Stay On Hold In December And Signal Caution Ahead

by Brunello Rosa and Karmen Meneses

19 December 2019

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2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

Flash Central Bank Review: Riksbank Brings The Repo Rate Back To Zero, And Signals A Long Pause

MONETARY AFFAIRS - BOJ PREVIEW: Bank of Japan to Stay on Hold, as Global Headwinds Are Lessened

by Nouriel Roubini, Brunello Rosa, Alessandro Magnoli

16 December 2019

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MONETARY AFFAIRS - BOJ PREVIEW: Bank of Japan to Stay on Hold, as Global Headwinds Are Lessened

Flash Central Bank Review: Riksbank Brings The Repo Rate Back To Zero, And Signals A Long Pause

MONETARY AFFAIRS - BOJ PREVIEW: Bank of Japan to Stay on Hold, as Global Headwinds Are Lessened

by Nouriel Roubini and Brunello Rosa

16 December 2019

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Independent Research

Disruptive Ideas

Disruptive Ideas

Disruptive Ideas

Policy Compass

Disruptive Ideas

Disruptive Ideas

Monetary Affairs

Disruptive Ideas

Monetary Affairs

Travel Notes

Macro Picture

Monetary Affairs

Market Views

Macro Picture

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Macro Picture

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RESEARCH BY REGION - COUNTRY - THEME

recent publications

Democracy Eroding Fast in South East Asia

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

GLOBAL OUTLOOK UPDATE - MARKET VIEWS - Q2-2021 SAA: Growth And Liquidity To Support Markets

Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

Flash Review: Bank of England Stays Put in March

Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

Flash Review: BOJ Remains Highly Accommodative While Tweaking Its Policy Strategy

Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

february 2021 - march 2021

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

Preview: Bank Of Japan To Remain Highly Accommodative After Its Strategy Review

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

Flash Preview: Bank of England To Stay Put After Budget and New Remit

Preview: Fed To Pledge Continued Easing Against Inflation and Tantrum Scares and Rapid Yield Rises

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

China: Recovery Underway, As Global Liquidity Drives ‘Risk On’ Sentiment

ECB To Significantly Increase PEPP Pace To Maintain “Favourable Financing Conditions”

ECB PREVIEW: ECB To Continue Focusing on Maintaining Favourable Market Conditions

Flash Review: RBA Ready To Increase QE to Combat Rising Yields

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

European Banks: Are AMCs Coming to Deal With Looming Surge in NPLs?

Flash Preview: RBA To Stand Pat While Fighting Rises in Market Rates

Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

Flash Review: RBNZ On Hold, But Ready to Deploy Negative Rates If Necessary

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

“Inflation Perspiration:” The Heightened Risk of A Non-Transitory US Inflation

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

Flash Preview – Reserve Bank of New Zealand To Keep Its Policy Stance Unchanged

january - february 2021

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist

Review – Bank of England Confirms Negative Policy Rates Are Feasible But Not Imminent

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist

Flash Preview: Riksbank To Stage A “Dovish Hold” in February

Review – Bank of England Confirms Negative Policy Rates Are Feasible But Not Imminent

Flash Review: The Riksbank Remains Firmly On Hold, With A Dovish Twist